Listed by: Amy Oganyan, Keller Williams Beverly Hills
$780,000
●
House -
Off Market
6856 Balcom Avenue
Reseda, CA 91335
2 Beds
1 Bath
1,189 Ft²
$3,433
Est. Monthly
About This Property
Nestled among Reseda's vibrant community, this charming house
presents a superb canvas for creative visionaries looking to make a
cozy space their own. Boasting 1,189 square feet of interior space,
complete with two bedrooms and a bathroom, this home includes a
fully permitted addition to use as a den, game room, office or
family room.
With newly painted interiors and exteriors, updated circuit breaker, carpeting & spray insulation– all undertaken in the last three years – this property promises peace of mind and reduced future maintenance. The large backyard invites serene afternoons under a covered patio amid lush green grass, complemented by thriving fruit trees, eagerly awaiting your green thumb to spruce up outdoor gatherings.
Close to essential amenities, it is minutes from Balboa Sports Center, shopping & schools. Delight in the potential to customize and revitalize this house into a beloved family home or a smartly positioned investment.
With newly painted interiors and exteriors, updated circuit breaker, carpeting & spray insulation– all undertaken in the last three years – this property promises peace of mind and reduced future maintenance. The large backyard invites serene afternoons under a covered patio amid lush green grass, complemented by thriving fruit trees, eagerly awaiting your green thumb to spruce up outdoor gatherings.
Close to essential amenities, it is minutes from Balboa Sports Center, shopping & schools. Delight in the potential to customize and revitalize this house into a beloved family home or a smartly positioned investment.
Unit Size
1,189 Ft²
Days on Market
42 days
Land Size
0.15 acres
Price per sqft
$588
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (CRMLS #SR24149572)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2024 | Sold | ||
| Sold | |||
| Aug 25, 2024 | In contract | - | |
| In contract | |||
| Jul 23, 2024 | Listed by Keller Williams Beverly Hills | $699,000 | |
| Listed by Keller Williams Beverly Hills | |||
Property Highlights
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ft²
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About South Valley
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Listed by: Amy Oganyan, Keller Williams Beverly Hills
Last Updated: 3 years ago
Data Source: CRMLS, MLS# SR24149572
Last Updated: 3 years ago
Data Source: CRMLS, MLS# SR24149572
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